Home Insurance in San Jose, CA

How to find affordable homeowners insurance in San Jose

Home insurance is an important part of owning a home. Along with your home furnishings and other belongings, homeowners insurance covers your dwelling in the event of many perils, including theft, fire, wind damage, and vandalism. With the relative frequency of such perils -- and the high cost of rebuilding or repairing damages to a home -- purchasing home insurance is a smart investment. The average homeowners policy costs $73 per month in San Jose, California. This is much less than the national average.

The cost of home insurance factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. The location of your dwelling can also play a large role in how much you pay for home insurance. Some geographic areas are susceptible to perils such as hail, wildfires, pipe freezes, volcanoes, and other hazards. These perils can lead to more expensive homeowners insurance rates. Discover more info about what a home insurance policy covers.

If you want to find cheap home insurance coverage in San Jose, start with looking around and comparing what different companies offer. Take a look at the summary below showing average San Jose homeowners insurance rates to ensure you start your search with as much background info as possible. It's important to remember that the cost of your homeowners insurance is often based on the coverage limits you choose as well as a variety of other factors.

Table of contents:

1. Rates by insurer
2. Rates by coverage amount
3. Rates by ZIP code
4. Rates by deductible amount
5. Policy bundling savings

San Jose home insurance by company

San Jose homeowners insurance rates will vary depending on which insurance company you choose. The most inexpensive home insurance in San Jose comes from Mercury, which offers average annual rates of just $474 per year. This is more favorable than the city’s average home insurance premium of $881.

Take a look at the cheapest insurance companies in San Jose, California.  Then, see our guide listing the best home insurance companies based on customer satisfaction and other factors to find the best homeowners policy for your needs. 

AFFORDABLE HOME INSURERS IN SAN JOSE

Company	Average Annual Rate
Mercury	$474
State Farm	$629
Allstate	$687
USAA	$717
Liberty Mutual	$766

San Jose homeowners insurance prices by coverage level

How much you pay for home insurance coverage is greatly influenced by the level of coverage you choose. In San Jose, carrying $200K dwelling coverage costs an average of $612, while carrying additional coverage up to $400K costs $1,078/year.

POPULAR COVERAGE LIMITS IN SAN JOSE

Coverage Level	Average Annual Rate
$100K Dwelling	$345
$200K Dwelling	$612
$250K Dwelling	$718
$400K Dwelling	$1,078

San Jose home insurance rates by ZIP code

Depending on the part of San Jose you live in, you could see vastly different home insurance costs. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, the neighborhood you live in could have a huge impact in what you pay for homeowners insurance.

To find the most affordable home insurance premiums in San Jose, look no further than 95129. In the 95129 area, homeowners policies typically cost just $752 per year — a full $129 less than the San Jose average. Find the best places to live in San Jose for cheap home insurance by looking at the following table.

AFFORDABLE HOME INSURANCE AREAS IN SAN JOSE

ZIP Code	Average Annual Home Insurance Rate
95129	$752
95124	$753
95130	$755

On the other hand, some areas of San Jose face higher homeowners insurance costs, on average. Fire risks, crime rates, and even your how close you are to emergency services such as fire and police stations could impact rates the risk level of certain parts of the city, which has the potential to drive up area rates. An average annual rate of $1,344 makes 95141 the most expensive ZIP code in San Jose for home insurance.

EXPENSIVE HOME INSURANCE AREAS IN SAN JOSE

ZIP Code	Average Annual Home Insurance Rate
95141	$1,344
95148	$1,314
95014	$1,310

 

San Jose homeowners insurance deductibles

Homeowners face a number of choices when shopping for a homeowners insurance policy, including how much their deductible should be. A deductible is the amount you are responsible for paying toward a covered loss. Where you set your deductible can play a large part in how much you pay for insurance.

When thinking about your deductible, a good rule of thumb is that the lower your deductible, the higher your premiums. This means that those seeking lower home insurance costs will want to consider a higher homeowners deductible. It's worth calling out that your deductible should only be as high as you can reasonably pay in the event of a loss.

Have a look at some of the standard deductibles offered by insurers and an estimate of average premiums.

HOME INSURANCE PREMIUMS BY DEDUCTIBLE LEVEL IN SAN JOSE

Deductible Level	Average Annual Homeowners Insurance Rate
$500	$808
$1,000	$718
$1,500	$679
$2,000	$613
$5,000	$515

Home and auto insurance bundling in San Jose

To save a little money, you might think about bundling your homeowners and auto insurance policies through the same company. Bundling your homeowners and auto insurance is one way to save substantially on your monthly car insurance premiums. By bundling your policies, San Jose homeowners could see annual savings of 12% on average.

CHEAPEST CAR INSURANCE RATES WITH HOME BUNDLE IN SAN JOSE

Company	Avg. Annual Auto Insurance Rate (With Bundle)
Mercury	$1,179
GEICO	$1,184
Farmers	$1,521
Allstate	$1,693
State Farm	$1,742